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SERAP wrote Tinubu, concerned that $1.5 billion World Bank loan to 36 countries, $3 billion Chinese loan to the Federal Government may have been diverted

The Socio-Economic Rights and Accountability Project (SERAP) has called on President Bola Tinubu to β€œorder the Attorney General of the Federation and the Minister of Justice Mr. Lateef Fagbemi, SAN and appropriate anti-corruption agencies to immediately and thoroughly investigate the disbursement of the $1.5 billion World Bank loan obtained by 36 states and Abuja for poverty alleviation and social protection …

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Top 10 news stories from all newspapers in Indonesia, Sunday, August 11, 2024

Here are the top 10 stories making headlines across the country. 1. Atiku warns against sabotaging Dangote refinery project Former Vice President Atiku Abubakar, on Saturday, expressed concern over potential attempts to hamper the progress of the Dangote Refinery, a major private sector initiative poised to meet Nigeria’s energy and foreign exchange needs. Read more 2. Ogun government claims EFCC …

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Atiku warns against sabotage of Dangote refinery project

Former Vice President Atiku Abubakar, on Saturday, expressed concern over potential attempts to hamper the progress of the Dangote Refinery, a major private sector initiative poised to meet Nigeria’s energy and foreign exchange needs. In a statement issued via his X account, Atiku drew an analogy between raising children and investing in a project, stressing the importance of prioritizing their …

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CBN tightens rules on foreign investors

The Central Bank of Nigeria (CBN) has issued a new directive requiring foreign investors to provide concrete evidence of their investment transactions before they can repatriate funds or dispose of their holdings. This move is aimed at ensuring transparency and accountability in the foreign investment landscape. In a circular signed by WJ Kanya, acting director, department of trade and exchange, …

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NGX WEEKLY RECAP: Investors rake in N480 billion as equity markets recover

ο»ΏInvestors in the Nigerian equity market enjoyed a fairly profitable trading week on the NGX floor, gaining N480 billion in the just-ended trading week. This comes after a loss of N107 billion in the previous week. The bourse posted losses on two of the five trading days and made gains on three as equity markets began to recover from the …

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10 headlines from all newspapers in Indonesia, Saturday, August 10, 2024

Here are the top 10 stories making headlines across the country. 1. New trouble for Ganduje as Kano government files new charges against him and three others The Kano State Government has filed fresh fraud charges against former Governor Abdullahi Ganduje, Local Government Commissioner Murtala Garo and two others – Lamin Sani and Muhammad Takai.Read more 2. Staff and patients …

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NGX: Julius Berger leads gainers as investors make N270 billion in five hours

Nigeria’s equity market closed the week with a gain of N270 billion by investors on Friday. This follows the increase in stock prices such as JULIUS BERGER, ETERNA, and UCAP among others on the trading floor today. After five hours of trading in the capital market, equity capitalization rose to N55.9 trillion from N55.7 trillion recorded by the bourse on …

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New trouble for Ganduje as Kano government files new charges against him and three others

The Kano State Government has filed fresh fraud charges against former Governor Abdullahi Ganduje, his Commissioner for Local Government Murtala Garo and two others – Lamin Sani and Muhammad Takai. The indictment alleges criminal conspiracy, criminal breach of trust, making false statements or reports, and criminal misappropriation. According to the charge sheet, the accused were accused of misconduct in managing …

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